UP to 100 wind turbines across the UK are to be funded by a Wetherby-based supplier thanks to backing of £10 million.
Earthmill has announced the creation of a new fund to meet soaring demand for turbines as power costs rise and the deadlines when levels of Government incentives fall, draw closer.
Earthmill director Mark Woodward said: “We have secured more than £10 million of backing to fund the installation of new super-efficient turbines with no cost to the farmer or landowner.
“The fund is open to any farmer who has land suitable for turbine installation and has the capability to connect to the National Grid.
“The launch of the fund eliminates any financial risk to the landowner. Everyone still has the option to buy a turbine outright and we will install and connect it to the Grid, but this opens up green energy as a revenue stream to many farmers who previously chose not to invest in the technology.”
Mr Woodward claimed the installation of a small-scale wind turbine can reduce a farm’s electricity bill by as much as £40,000 a year as well as provide a rental income for 20 years.
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